Word: chairman
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Dates: during 1960-1969
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...stock exchanges give to the big institutional investors? The answers to these and other basic questions will depend largely on the views of the Securities and Exchange Commission, Washington's watchdog over Wall Street. The times would seem to call for a tough-minded decision maker as SEC chairman. In Hamer H. Budge, the SEC has instead a tranquil, kindly administrator who has a penchant for delay. In addition, Budge last week was accused of "gross, clear, conspicuous, transparent conflict of interest...
...unexpected about-face, the tobacco industry last week moved toward a nearly unconditional surrender in the heated battle over cigarette advertising. Speaking for the nine U.S. cigarette manufacturers, Philip Morris Chairman Joseph Cullman III told the Senate Consumer Subcommittee that the industry was prepared to end all advertising on TV and radio on Dec. 31, if the broadcasters would go along, and in any case by September 1970, when current contracts expire...
...when the networks were forced to air antismoking commercials on TV. Indeed, the tobaccomen's decision to turn off their tremendously expensive and competitive TV campaigns may well have been helped along by the prospect that broadcasters would in turn be allowed to jettison the antismoking spots. FTC Chairman Paul Rand Dixon suggests that broadcasters should keep right on giving free air time to antismoking...
Tobaccomen may try to attract customers by spending more heavily for coupons and perhaps contests. They may also bring out more and more new brands. Chairman Robert Walker of American Brands (Pall Mall, Lucky Strike) says that "the battleground for cigarette sales will probably switch to other media...
...middle ground for those pushing for rent control. A poster pictured the hands of nine city councillors: the hands of the four councillors who voted for the housing convention's rent control ordinance are clean; those of the five opposed are splattered with blood. As housing convention vice-chairman Bill Joyce saw it, the four backed "the little people of Cambridge," while the five voted for "rent gougers, speculators, banks and Harvard and M.I.T...